Mt Gox Bitcoins

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New Twist in Mt Gox Repayments: Creditors to Wait Until 2025

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Nobuaki Kobayashi, the trustee in charge of overseeing Mt Gox’s remaining assets, has pushed back the deadline for creditor repayments by a year, now set for Oct. 31, 2025. Mt Gox Trustee Postpones Repayment Deadline by One Year In an announcement on Thursday, Kobayashi cited delays in distributing the funds recovered after the 2014 collapse … Read more

Mt Gox Creditors Asked to Approve a Settlement Proposal Drafted by Coinlab

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On January 15, the public was made aware of a deal between the firm Coinlab Inc., the Mt Gox bankruptcy trustee, Nobuaki Kobayashi, alongside MGIFLP, a subsidiary of Fortress Investment Group. According to the proposal, Mt Gox creditors will be able to claim as much as 90% of the bitcoin held by Kobayashi and the … Read more

Mt Gox Bitcoins: Trustee Plans to Distribute BTC and BCH, Liquidate Forks Into Cash

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On March 24, the Mt Gox creditors’ trustee from Tokyo, Nobuaki Kobayashi, disclosed a newly written rehabilitation plan for claimants looking to access some of the funds they lost in 2013. According to the new plan, Mt Gox claimants will get BTC and BCH assets alongside the possibility of receiving fiat currencies as well. Kobayashi’s … Read more